Dorchester Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 140,958 | 24,044 | 116,914 | 58.4 | — |
| 2019 | 224,861 | 155,366 | 69,495 | 14.3 | 0% |
| 2020 | 301,185 | 169,350 | 131,835 | 22.4 | 0% |
| 2021 | 170,697 | 161,776 | 8,921 | 24.1 | 0% |
| 2022 | 302,971 | 208,348 | 94,623 | 24.2 | 0% |
| 2023 | 489,055 | 320,286 | 168,769 | 22.1 | 0% |
In its most recent public year (2023), this organization brought in $168,769 more than it spent. Its reserves stood at about 22.1 months of spending, down from 58.4 in 2018. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Dorchester Economic Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works